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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: pz who wrote (14075)3/7/1998 9:07:00 PM
From: Dwight E. Karlsen  Respond to of 95453
 
Another plug for energy stocks in the March 9th Barron's:

A Comeback for Energy Stocks?

Oil-related stocks are on the comeback trail. The American Stock Exchange Oil Index (XOI) has risen to a three-month high and has broken a down trend line along the October - November peaks. The Philadelphia Stock Exchange's Oil Service Index (OSX) also appears to have bottomed out after trading sideways since early January (see chart 3). Tuesday's surge pushed that index through the highs it set during January and February to put it back on an up trend. Some individual stocks leading this upside breakout are Baker Hughes, Halliburton and Rowan Companies.